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Tag Archives: menzgold

Menzgold saga: Your greediness played a role – A-G to customers

The Attorney-General and Minister of Justice, Mr. Godfred Yeboah Dame, has told Menzgold fraud victims that Justice will be done. He acknowledged the tragic effects of the fraud, which include destroyed homes and fatalities. Speaking as the keynote speaker at the “Fortieth Cambridge International Symposium On Economic Crime,” Mr. Dame …

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Menzgold abandons GH¢650 verification card sale after backlash

Menzgold Ghana has announced the cancellation of a paid customer validation process in its efforts to facilitate the processing of payments for its aggrieved customers. In a letter dated August 18, 2023, the company informed its clients that this validation is necessary following the initial assessments, which according to them …

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60% of Menzgold customers ineligible for payment after validation process – NAM1

Chief Executive Officer of defunct Menzgold Ghana Limited, Nana Appiah Mensah, otherwise known as NAM1 has said over 60% of customers are ineligible for payment after the validation process. He said the claims submitted by these affected customers were fraught with several flaws. In a statement sighted by GhanaWeb, NAM1 said the defects …

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Menzgold completes validating transaction exercise

Menzgold Ghana has announced the successful completion of its gold trading transaction claims supporting document collection and vetting exercise. According to a statement dated July 29, 2023, and signed by the management of the company, the validations having been concluded, marks a significant step in the process. “Following the Gold …

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‘I lost GH₵300,000 to Menzgold’ – Kumchacha on why he wished Nam1 died instead of Christian Atsu

The founder and leader of Heaven’s Gate Ministries, Prophet Nicholas Osei alias Kumchacha has justified his wish for the Chief Executive Officer of defunct Menzgold, Nana Appiah Mensah alias Nam1, to have died instead of Black Stars player Christian Atsu. According to Kumchacha. Whereas the footballer lived his life to the benefit of others including the …

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I will retrieve Menzgold locked up cash if I become the next president – Kumchacha promises

Ghanaian preacher Nicholas Osei, popularly known as Prophet Kumchacha, has vowed to deal with NAM 1 if Ghanaians vote for him to become the next president after 2024’s general elections. About a week ago, flyers from the founder and leader of Heaven’s Gate Ministries camp announcing his intention to run …

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Menzgold customers petition Akufo-Addo over locked up cash 4 years on

Menzgold customers have said their welfare and health are continuing to deteriorate each day that passes without their locked up cash. They were victims of a decision by the Securities and Exchange Commission to halt the activities of Menzgold for operating without license on September 12, 2018. The customers have …

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Government deliberately using ‘hoax court’ to protect NAM1 – Menzgold customers fume

The Coalition of Aggrieved Customers of Menzgold, say government’s move to drag the Chief Executive Officer for Menzgold, Nana Appiah Mensah (NAM1), to court was a deliberate way to protect him. The group believes government was consciously using the court to shield Menzgold from the aggrieved customers instead of pursuing …

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179 Menzgold customers have died – Fred Forson

179 customers have died as a result of their locked up cash with defunct gold dealership firm – Menzgold, Convener of Aggrieved Customers, Fred Forson, has said. Aside from the people who passed away, Forson said several others have various ailments and to some extent, are bedridden. Speaking in an …

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Menzgold customers threaten to withdraw support in prosecution of NAM1

Some Menzgold customers have threatened to withdraw their support for the prosecution of the Chief Executive Officer of Menzgold, Nana Appiah Mensah. Responding to the latest adjournment of the case in a letter to the Attorney General, the customers said they may be compelled to write to the court to …

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